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Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$3.2M
Program Spending
79%
of total expenses go to program services
Total Contributions
$1.8M
Total Expenses
▼$3.9M
Total Assets
$20.4M
Total Liabilities
▼$1.3M
Net Assets
$19M
Officer Compensation
→$160.4K
Other Salaries
N/A
Investment Income
$1.1M
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$23.9M
Awards Found
17
Department of the Interior
$4.3M
COOPERATIVE AGREEMENT UMBC COLLABORATIVE WORK SPACE
Department of the Interior
$3.4M
OFFICE SPACE AT BWTECH@UMBC RESEARCH PARK ADJACENT TO UNIVERSITY OF MARYLAND, BALTIMORE COUNTY
Department of the Interior
$2.8M
OFFICE SPACE AT BWTECH@UMBC ADJACENT TO UNIVERSITY OF MARYLAND, BALTIMORE COUNTY
Department of the Interior
$2.7M
UMBC RESEARCH PARK CORPORATION, INC. (RPC) PROPOSES THE CONTINUATION OF ITS PARTNERSHIP WITH THE U.S. GEOLOGICAL SURVEY (USGS), MARYLAND-DELAWARE-D.C. (MD-DE-DC) WATER SCIENCE CENTER (WSC). PERFORMANCE PERIOD 4 1 2024-03 31 2025 BUDGET YEAR 1FULL PERFORMANCE PERIOD 4 1 2024-03 31 2029 BUDGET YEARS 1-5THIS AGREEMENT WOULD ALLOW RPC TO CONTINUE TO HOUSE WSC IN A DEDICATED 23,500 SQUARE FOOT FACILITY AT 5522 RESEARCH PARK DRIVE IN THE BWTECH UMBC RESEARCH TECHNOLOGY PARK. THIS FIVE-YEAR AGREEMENT WILL CONTINUE TO PROVIDE FACILITIES SPECIFICALLY DESIGNED FOR THE USGS, INCLUDING LABORATORIES, PRIVATE OFFICES, CONFERENCE ROOMS, AND A WAREHOUSE FOR USE AS A STAGING AREA FOR CONSTRUCTION OF USGS MONITORING STATIONS. THIS FUNDING WILL ALSO ALLOW RPC TO MAKE THE FOLLOWING IMPROVEMENTS: INSTALLATION OF A 250 TO 300 KW DIESEL GENERATOR, INCLUDING DESIGN, SITE PREPARATION, AND SECURITY. DESIGN AND INSTALLATION OF A NEW ENTRY GATE SYSTEM WITH KEYPAD, EXIT LOOP, AND BOLLARDS. DESIGN AND INSTALLATION OF THREE EV CHARGING STATIONS.THE NEW PROPOSED AGREEMENT INCLUDES A BASE RENTAL RATE OF 39.77 PER SQUARE FOOT FOR YEAR ONE. THIS RATE WILL INCREASE BY 2.5 ANNUALLY FOR THE REMAINING FOUR YEARS. WSC HAS BEEN HOUSED IN THE BWTECH RESEARCH PARK FOR OVER 15 YEARS. BECAUSE OF ITS PROXIMITY TOTHE UNIVERSITY OF MARYLAND BALTIMORE COUNTY, THE WSC HAS CONDUCTED COLLABORATIVE RESEARCH WITH THE UNIVERSITY AND PROVIDED REAL-WORLD OPPORTUNITIES FOR STUDENTS WHICH ENCOURAGES CAREERS IN EARTH SCIENCE. THIS FUNDING WILL CREATE ADDITIONAL EDUCATIONAL OPPORTUNITIES FOR UMBC STUDENTS AND GRADUATES AND ALLOW WSC TO STRENGTHEN ITS RESEARCH PROGRAM AND PROVIDE A SECURE HOME FOR ITS DATA STREAMS
Department of the Interior
$2.2M
OFFICEW SPACE AT BWTECH@UMBC ADJACENT TO THE UNIVERSITY OF MARYLAND,BALTIMORE COUNTY ("UMBC) IN SUPP
Department of Commerce
$2.1M
THIS EDA INVESTMENT SUPPORTS GATEWAY RESEARCH PARK, INC. AND THE NORTH CAROLINA A&T STATE UNIVERSITY WITH EXPANDING A MANUFACTURING FACILITY TO SUPPORT THE GROWTH OF MINORITY-OWNED BUSINESSES IN GREENSBORO, NORTH CAROLINA. ONCE COMPLETED, THE PROJECT WILL ATTRACT NEW BUSINESSES TO THE AREA, HELP THE REGION DIVERSIFY ITS LOCAL ECONOMY, CREATE AND SAVE JOBS, AND ADVANCE ECONOMIC RESILIENCY TO AN AREA THAT HAS BEEN IMPACTED BY THE DECLINE IN THE COAL INDUSTRY.
Small Business Administration
$1.5M
FY 23 CONGRESSIONAL COMMUNITY PROJECT VIRGINIA BIOTECHNOLOGY RESEARCH PARK
National Science Foundation
$1M
NSF ENGINES DEVELOPMENT AWARD: ENHANCING THE QUALITY MANUFACTURING OF ADVANCED AND AFFORDABLE PHARMACEUTICALS IN THE U.S. (VA) -THIS NSF ENGINES DEVELOPMENT AWARD TO THE THE VIRGINIA BIOTECHNOLOGY RESEARCH PARK CORPORATION (VBRPC) DBA ACTIVATION CAPITAL WILL SUPPORT A ROBUST PHARMACEUTICAL CLUSTER DEVELOPMENT PROGRAM THROUGH THE CREATION OF THE ALLIANCE FOR BUILDING BETTER MEDICINE (ALLIANCE). THE ALLIANCE IS FURTHERING AN ADVANCED PHARMACEUTICAL MANUFACTURING AND R&D ENGINE (ENGINE) IN THE DISTRESSED RICHMOND/PETERSBURG REGION IN CENTRAL VIRGINIA. TO ESTABLISH THIS ENGINE, ACTIVATION CAPITAL WILL TEAM WITH 23 CORE PARTNERS, INCLUDING ALL 14 ALLIANCE MEMBERS, OVER AN 18-MONTH DEVELOPMENT PHASE PERIOD TO ACCOMPLISH 25 PLANNING AND CAPACITY BUILDING ACTIVITIES THAT WILL POSITION THE ALLIANCE TO BUILD A MATURE ADVANCED PHARMACEUTICAL MANUFACTURING (APM) INNOVATION ECOSYSTEM CAPABLE OF CREATING SIGNIFICANT JOBS AND INVESTMENT IN THE REGION. THESE PLANNING ACTIVITIES ARE CRITICAL FOR THE ALLIANCE TO IMPLEMENT THE INTEGRATED TRANSLATIONAL, COMMERCIALIZATION, AND WORKFORCE DEVELOPMENT ACTIVITIES WHICH CAN HELP TO RE-SHORE SAFE AND AFFORDABLE MEDICINES AND CREATE WIDE-REACHING IMPACT FOR INDIVIDUALS ACROSS THE UNITED STATES AND BEYOND. OF THE 23 CORE PARTNERS, THREE WILL BE DIRECT SUBRECIPIENTS ? VIRGINIA COMMONWEALTH UNIVERSITY (VCU); US PHARMACOPEIA (USP); AND THE COMMONWEALTH CENTER FOR ADVANCED MANUFACTURING (CCAM). THIS PROJECT ADDRESSES THE CHALLENGE THAT VIRTUALLY ALL MEDICINES RELY ON OVERSEAS PRODUCTION FOR KEY STARTING MATERIALS, ACTIVE PHARMACEUTICAL INGREDIENTS (APIS), FINISHED DOSE FORMULATIONS, AND OFTEN ALL THREE. WITH 73% OF FDA REGISTERED API MANUFACTURING FACILITIES LOCATED OVERSEAS, THE SUPPLY OF QUALITY MEDICINES IS UNEVEN, AT RISK, AND DIFFICULT TO REGULATE AND MONITOR. SINCE 2014, VCU?S MEDICINES FOR ALL INSTITUTE, HAS LED THE U.S. IN RESEARCH AND DEVELOPMENT TO OPTIMIZE API PRODUCTION TO CREATE CLEANER, FASTER, AND CHEAPER APM METHODS. THESE INNOVATIONS HAVE LED TO DIRECT PROCESS DISSEMINATION TO MANUFACTURERS FOR SCALE-UP AND IMPLEMENTATION AND ALLOWED THE REGION TO EMERGE AS A LEADER IN INNOVATIVE HYBRID AND CONTINUOUS FLOW MANUFACTURING (CFM), AN FDA-RECOGNIZED EMERGING TECHNOLOGY. IN ORDER TO ACCELERATE THE CREATION OF AN END-TO-END TRANSLATIONAL APM ENGINE THAT WILL DRIVE THE NATION?S EFFORT TO SECURE ITS SUPPLY OF QUALITY AFFORDABLE MEDICINES, THE ENGINE WILL ACCOMPLISH FIVE STRATEGIC GOALS AS PART OF THIS DEVELOPMENT PHASE: 1) ASSEMBLE A ROBUST, QUALIFIED AND DIVERSE ENGINE GOVERNANCE BOARD AND LEADERSHIP TEAM; 2) BUILD A FOUNDATIONAL STRATEGIC IMPLEMENTATION PLAN; CREATE A WELL-ROUNDED RECRUITMENT AND MANAGEMENT STRATEGY FOR STRATEGIC PARTNERS; 4) CRAFT A COMPREHENSIVE WORKFORCE DEVELOPMENT PLAN; AND 5) STRENGTHEN AND ALIGN THE DIVERSITY, EQUITY, INCLUSION AND ACCESSIBILITY (DEIA) PLAN WITH FEDERAL STANDARDS. THIS APPROACH WILL POSITION THE ALLIANCE TO BUILD A LONG-TERM SUSTAINABLE REGIONAL INNOVATION ENGINE IN THE FUTURE. THIS AWARD REFLECTS NSF'S STATUTORY MISSION AND HAS BEEN DEEMED WORTHY OF SUPPORT THROUGH EVALUATION USING THE FOUNDATION'S INTELLECTUAL MERIT AND BROADER IMPACTS REVIEW CRITERIA.- SUBAWARDS ARE PLANNED FOR THIS AWARD.
Department of Commerce
$500K
THIS EDA INVESTMENT SUPPORTS THE RESEARCH PARK CORPORATION WITH DEVELOPING TECH-BASED STARTUPS ACROSS LOUISIANA'S CAPITAL REGION, TO HELP ADDRESS THE REGION'S LACK OF VIABLE ACCELERATOR PROGRAMS IN THE AREA. THROUGH THE IGNITION ACCELERATOR AND VENTURE CAPITAL ASSISTANCE PROGRAM, THE PROJECT WILL HELP REVIVE AND NURTURE TECH-BASED ENTREPRENEURIAL PROGRAMS AND ENABLE OUTREACH TO UNDERSERVED COMMUNITIES AND BUSINESSES. STARTUP BUSINESSES ARE KEY COMPONENTS TO ENHANCING ECONOMIC RECOVERY PARTICULARLY DURING POST DISASTERS AND THE PROJECT WILL SUPPORT THE PLANNING, OUTREACH, AND TECHNICAL ASSISTANCE FOR TECH-BASED VENTURES TO SUCCESSFULLY DEVELOP, WHICH WILL ASSIST WITH DIVERSIFYING THE LOCAL ECONOMY, BOLSTERING JOB CREATION, ATTRACTING PRIVATE INVESTMENT, AND PROMOTING ECONOMIC GROWTH AND RESILIENCY THROUGHOUT THE REGION.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2023 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $3.2M | $1.8M | $3.9M | $20.4M | $19M |
| 2022 | $2.6M | $2M | $2.9M | $18.6M | $18.3M |
| 2021 | $2.7M | $1.7M | $2.7M | $23.5M | $23M |
| 2020 | $1.8M | $1.1M | $2.7M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | IRS e-File | |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2023)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Frederick Stephen Loy | Executive Director | 40 | $189.7K | $0 | $52.1K | $241.9K |
| Calvin Mills Jr | Interim President & CEO | 40 | $175K | $0 | $0 | $175K |
| Anita Byrne | Vice Chair | 0.5 | $0 | $0 | $0 | $0 |
| Anita Tillman | Chairman | 0.5 | $0 | $0 | $0 | $0 |
Frederick Stephen Loy
Executive Director
$241.9K
Hrs/Wk
40
Compensation
$189.7K
Related Orgs
$0
Other
$52.1K
Calvin Mills Jr
Interim President & CEO
$175K
Hrs/Wk
40
Compensation
$175K
Related Orgs
$0
Other
$0
Anita Byrne
Vice Chair
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Anita Tillman
Chairman
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Dr Michael Stubblefield | Director | 0.5 | $0 | $0 | $0 | $0 |
| Dr Robert Twilley | Director | 0.5 | $0 | $0 | $0 | $0 |
| Dr Willie Smith Sr | Director | 0.5 | $0 | $0 | $0 | $0 |
| Isaac Thomas | Director | 0.5 | $0 | $0 | $0 | $0 |
| Mackenzie Rodriguez | Director | 0.5 | $0 | $0 | $0 | $0 |
| Monette Davis | Director |
Dr Michael Stubblefield
Director
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Dr Robert Twilley
Director
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Dr Willie Smith Sr
Director
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
| $21.4M |
| $21M |
| 2019 | $2.5M | $1.6M | $2.8M | $20.4M | $20.2M |
| 2018 | $3.1M | $1.6M | $3.4M | $18.1M | $17.9M |
| 2017 | $3M | $1.6M | $4M | $20.1M | $19.9M |
| 2016 | $2.1M | $1.4M | $4M | $19.7M | $19.5M |
| 2015 | $2.4M | $1.3M | $3.7M | $21.2M | $21.1M |
| 2014 | $4M | $1.7M | $2.8M | $23.6M | $23.4M |
| 2013 | $4.2M | $1.3M | $2.3M | $23.4M | $23.2M |
| 2012 | $4M | $1.3M | $2.8M | $19.7M | $19.1M |
| 2011 | $3.5M | $1.2M | $2.6M | $18.7M | $18.5M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
| 0.5 |
| $0 |
| $0 |
| $0 |
| $0 |
| Ross Reilly | Director | 0.5 | $0 | $0 | $0 | $0 |
| Tedra Cheatham | Director | 0.5 | $0 | $0 | $0 | $0 |
| Terry Landry | Director | 0.5 | $0 | $0 | $0 | $0 |
| Trey Godfrey | Director | 0.5 | $0 | $0 | $0 | $0 |
Isaac Thomas
Director
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Mackenzie Rodriguez
Director
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Monette Davis
Director
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Ross Reilly
Director
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Tedra Cheatham
Director
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Terry Landry
Director
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Trey Godfrey
Director
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0